Gemz Corp Stock Market Value
| GMZP Stock | USD 0.0004 0.0001 20.00% |
| Symbol | Gemz |
Gemz Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gemz Corp's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gemz Corp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Gemz Corp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Gemz Corp or generate 0.0% return on investment in Gemz Corp over 30 days. Gemz Corp is related to or competes with Embrace Change. GEMZ Corporation owns marketing rights of NanoSign technology More
Gemz Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gemz Corp's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gemz Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 25.87 | |||
| Information Ratio | 0.0678 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Gemz Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gemz Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gemz Corp's standard deviation. In reality, there are many statistical measures that can use Gemz Corp historical prices to predict the future Gemz Corp's volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | (1.31) | |||
| Sortino Ratio | 0.0418 | |||
| Treynor Ratio | 0.9222 |
Gemz Corp Backtested Returns
Gemz Corp is out of control given 3 months investment horizon. Gemz Corp holds Efficiency (Sharpe) Ratio of 0.0724, which attests that the entity had a 0.0724% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Gemz Corp Risk Adjusted Performance of 0.0678, downside deviation of 25.87, and Market Risk Adjusted Performance of 0.9322 to evaluate company specific risk that cannot be diversified away. Gemz Corp holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.3, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gemz Corp will likely underperform. Use Gemz Corp maximum drawdown, as well as the relationship between the skewness and day typical price , to analyze future returns on Gemz Corp.
Auto-correlation | 0.11 |
Insignificant predictability
Gemz Corp has insignificant predictability. Overlapping area represents the amount of predictability between Gemz Corp time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gemz Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Gemz Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gemz Corp lagged returns against current returns
Autocorrelation, which is Gemz Corp pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gemz Corp's pink sheet expected returns. We can calculate the autocorrelation of Gemz Corp returns to help us make a trade decision. For example, suppose you find that Gemz Corp has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gemz Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gemz Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gemz Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gemz Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Gemz Corp Lagged Returns
When evaluating Gemz Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gemz Corp pink sheet have on its future price. Gemz Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gemz Corp autocorrelation shows the relationship between Gemz Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Gemz Corp.
Regressed Prices |
| Timeline |
Pair Trading with Gemz Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gemz Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gemz Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gemz Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gemz Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gemz Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gemz Corp to buy it.
The correlation of Gemz Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gemz Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gemz Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gemz Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Gemz Pink Sheet Analysis
When running Gemz Corp's price analysis, check to measure Gemz Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gemz Corp is operating at the current time. Most of Gemz Corp's value examination focuses on studying past and present price action to predict the probability of Gemz Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gemz Corp's price. Additionally, you may evaluate how the addition of Gemz Corp to your portfolios can decrease your overall portfolio volatility.